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Dec 2, 2012
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infrastructure, superstorm sandy caused overwhelming devastation and exposed dangerous flaws in u.s. infrastructure. coming up next, i'll tell you how investing in infrastructure will not only help get the power back on faster after the next storm but could be the key to jobs and the boom we've all been waiting for. you are watching "your money" on cnn. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> americans in the path of superstorm sandy know that investing in infrastructure will help protect against storms. as i've said investing in infrastructure is one of the best things we can could to protect ourselves from economic storms as well. american inf
infrastructure, superstorm sandy caused overwhelming devastation and exposed dangerous flaws in u.s. infrastructure. coming up next, i'll tell you how investing in infrastructure will not only help get the power back on faster after the next storm but could be the key to jobs and the boom we've all been waiting for. you are watching "your money" on cnn. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with...
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Dec 9, 2012
12/12
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superstorm sandy, a number of labor disputes. the fiscal cliff. we were expecting the number to go up from 7.9 to 8%. went down to 7.7. a number of economists, created 146,000 jobs, so before you opine on the report, how accurate and reliable do you feel this report was? >> well, first of all, i think it's important to know there were downward revisions to the past two months, which makes the trend not look as good. it's also important to note that anywhere between 50 to 100,000, which about 86,000 were affected by the storm, is not considered significant in this report. so again, you're not necessarily capturing it also on the 7.7%, that survey was taken very earlry in the month. a week earlier than the establishment survey. the household survey was take b on monday november 5th, a few days later, we had the nor'easter. the secondary storm that hit the northeast and caused insult to energy injury on many and that was not captured in that unemployment survey, so i think that although they say it didn't affect it, they also don't, did have a major
superstorm sandy, a number of labor disputes. the fiscal cliff. we were expecting the number to go up from 7.9 to 8%. went down to 7.7. a number of economists, created 146,000 jobs, so before you opine on the report, how accurate and reliable do you feel this report was? >> well, first of all, i think it's important to know there were downward revisions to the past two months, which makes the trend not look as good. it's also important to note that anywhere between 50 to 100,000, which...
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Dec 2, 2012
12/12
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sandy might have slowed the growth this time around. we'll see if that really does have any affect on that jobs report coming out on friday morning. on saturday college football fans pay close attention here. the heisman trophy winner will be announced. we'll find out who the best player in college football really is. >>> who was the only sitting president married in the white house. if you know the answer, tweet me@randi kaye cnn. we'll have the answer after this quick break. [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, sma
sandy might have slowed the growth this time around. we'll see if that really does have any affect on that jobs report coming out on friday morning. on saturday college football fans pay close attention here. the heisman trophy winner will be announced. we'll find out who the best player in college football really is. >>> who was the only sitting president married in the white house. if you know the answer, tweet me@randi kaye cnn. we'll have the answer after this quick break. [...
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Dec 10, 2012
12/12
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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Dec 7, 2012
12/12
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and how does superstorm sandy figure into all of this? >>> plus, come on, santa, this is what this man wants for christmas. can you believe this billboard? all i want for christmas is latina girlfriend. smart latinas will see this and run like the wind to get way from this man. we'll talk about that, straight ahead. with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed
and how does superstorm sandy figure into all of this? >>> plus, come on, santa, this is what this man wants for christmas. can you believe this billboard? all i want for christmas is latina girlfriend. smart latinas will see this and run like the wind to get way from this man. we'll talk about that, straight ahead. with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and...
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Dec 7, 2012
12/12
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we thought -- we were going to have the effects of superstorm sandy. we thought we were going on have some of the effects of the fiscal cliff affecting consumer confidence. investment behavior. so given those two plus the hostess strike and shutdown, you know, this is a -- these are -- it tracks the 146,000 new jobs over the month. tracks the average that we have been seeing over this past year. actually 2011. but however, though, you know, that's right at that level, that threshold, that you have to have just to keep make ends meet. so when you turn to the household survey, that, you know, unemployment rate falling to 7.7%. it is not because people are getting lots of jobs. it is because people have been leaving the labor important, because we are -- we have been treading along in the second gear at this 140,000, 150,000 new jobs per month. >> labor force, you believe, is shrinking. let's -- >> yeah. this report -- this report showed it shrank again and over the last 12 months it shrank and i believe even people have been talking about we are at 20, 3
we thought -- we were going to have the effects of superstorm sandy. we thought we were going on have some of the effects of the fiscal cliff affecting consumer confidence. investment behavior. so given those two plus the hostess strike and shutdown, you know, this is a -- these are -- it tracks the 146,000 new jobs over the month. tracks the average that we have been seeing over this past year. actually 2011. but however, though, you know, that's right at that level, that threshold, that you...
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Dec 5, 2012
12/12
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he quantified the numbers by superstorm sandy. quote, superstorm sandy wreaked havoc on the job market in november, slicing an estimated 86,000 jobs from payrolls. >>> a quick market check right now, u.s. stock futures are still higher. fiscal cliff uncertainty is expected to weigh on stocks until that's resolved. we are 27 days until the fiscal cliff but there are only 27 days left until christmas. >>> before you part with your hard-earned money, some advice for smart is the new rich. some of the best things to buy in december, toys. but only if you wait until two weeks before christmas. tools and hardware. this is the time to buy school driver sets, lawn care tools, cooking and kitchenware. c cutl cutlery. things to stay away from, jewelry. you won't find low prices before gems and jewels before christmas. if you're going to propose wait until well after valentine's y day. electronics. best to wait until january or february. it's all about the bottom line, roland. newer models launched in later february, january. that's when you
he quantified the numbers by superstorm sandy. quote, superstorm sandy wreaked havoc on the job market in november, slicing an estimated 86,000 jobs from payrolls. >>> a quick market check right now, u.s. stock futures are still higher. fiscal cliff uncertainty is expected to weigh on stocks until that's resolved. we are 27 days until the fiscal cliff but there are only 27 days left until christmas. >>> before you part with your hard-earned money, some advice for smart is the...
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Dec 7, 2012
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it's likely that superstorm sandy skewed the numbers, perhaps dramatically. economists at deutsche bank expect only 25,000 jobs added after they studied the hurricane effe effects on jobs. it was difficult for the labor department to collect data during and after that storm. in today's report, we'll watch four sectors hardest hit by the storm, manufacturing, retail, leisure and hospitality and temporary help industries. mark sandy said aside from the storm the job market turned in a good performance for the month. this simpreis impressive given uncertainty created by the presidential election and the fast-approaching fiscal cliff. except for sandy, jobs would have been doing better, and sandy is seen as a temporary factor. >>> another usual factor, the layoffs and strikes from hostess. hostess filed for bankruptcy last month. want to bring you up to speed on facebook. facebook moving up. the social network will be listed on the nasdaq 100 next week and could be added to the s&p 500 very soon. shares are down nearly 30% since the ipo. but with the market value
it's likely that superstorm sandy skewed the numbers, perhaps dramatically. economists at deutsche bank expect only 25,000 jobs added after they studied the hurricane effe effects on jobs. it was difficult for the labor department to collect data during and after that storm. in today's report, we'll watch four sectors hardest hit by the storm, manufacturing, retail, leisure and hospitality and temporary help industries. mark sandy said aside from the storm the job market turned in a good...
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Dec 4, 2012
12/12
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sandy. christie heads to washington on thursday to meet with federal officials. you know, parts of the new jersey coastline, complete devastated by this powerful storm. you know, governor christie estimates that sandy caused upwards of $20 billion of damages. >>> and the atlanta journal-constitution with more information about dozens of children and adults that were sickened by carbon monoxide poisoning at the local school there. at least 49 people were sent to the hospital yesterday. take a look at this. fire officials believe the heating system failed there. finch elementary had no carbon monoxide detectors, either. which, i guess, they're not required in georgia. and many parents complained they were left in the lurch because of poor communication. soledad o'brien will talk to a student, a parent and also a school official. so we'll get lots of sides there. >> also coming up, amazement and dismay. that's how fedex's ceo is describing the fiscal cliff crisis. i sat down with fred smith. he
sandy. christie heads to washington on thursday to meet with federal officials. you know, parts of the new jersey coastline, complete devastated by this powerful storm. you know, governor christie estimates that sandy caused upwards of $20 billion of damages. >>> and the atlanta journal-constitution with more information about dozens of children and adults that were sickened by carbon monoxide poisoning at the local school there. at least 49 people were sent to the hospital yesterday....
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Dec 5, 2012
12/12
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superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned t
superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i...
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Dec 7, 2012
12/12
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besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than when what we expected, whether it is capturing sandy, because there were so many disruptions to reporting that my guess is that that's part of the reason we're seeing this seeing this distortion. >> but labor secretary says her agency takes all those things into account. her agency's report said, quote, its analysis suggests that hurricane sandy did not substantively impact the national emunemployment and unemployment numbers. >> they make judgments. the labor bureau statistics does their calculation. they look back at what happens happened previously, they use the same methodology used even during katrina,
besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than...
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Dec 4, 2012
12/12
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he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk apparently even came from the top at fox news. washington post bob woodward writes about some private recordings in which fox news analyst k.t. mcfarland meeting with general petraeus in afghanistan in the spring of last year delivered a personal message from roger ales. >> he says if you're offered chairman, take it. if you're offered anything else, don't take it, resign in six months and run for president. okay. i know you're not running for president. but at some point when you go to new york next, you may want to just chat with roger and rupert -- >> well, rupert, look, what i have told people i
he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk...
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Dec 3, 2012
12/12
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sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon monoxide, the danger is going to be an affix ant, it could stop people from breathing. these children have been in the classroom since 7:30. our readings in the classroom were not quite as high as our reading at 1700 was near the actual furnace area. >> want to bring in george howell here. you brought in what i can only presume is a carbon monoxide detector. tell me about it and were there any of these in the school? >> this say professional carbon monoxide detector. this is what we use here at the cnn center. this will run you a couple thousand dollars. couple thousand of dollars for this. it is important to check. but for your home, $17. $17 is all it takes to get one of these in your home, to monitor for carbon
sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon monoxide, the danger is going to be an affix ant, it could stop people from breathing. these children have...